,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #ghab  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #e1 #bjbf ,mr4   
,arr+ton introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,t>iff ,act (   
#aicj to impose additional requirem5ts )
 respect to import]s ( record1 & = o!r  
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,secur+ ,acc\ntability 9   
,=eign ,entries ,act4  #b4 ,requirem5t t
 import] ( record be locat$ 9 ! ,unit$  
,/ates  7a7 ,9 g5]al ,section           
#dhd7;a77#b77;,b7 ( ! ,t>iff ,act (     
#aicj 7#ai ,u4,s4,c4 #adhd7;a77#b77;,b77
 is am5d$--  7#a7 by ins]t+ 7i7 be=e ,:5
 an entry2 &  7#b7 by /rik+ ! ?ird      
s5t5ce & ins]t+ ! foll[+3  7ii7 ,= !    
purposes ( ?is ,act1 ! import] ( record 
is requir$ to be-- 7,i7 a p>ty t--  7aa7
 is eligible "u clause 7i7 to file !    
docum5tation or in=mation requir$ by ?is
 section2 &  7bb7 p>ticipates 9 ! fil+ (
 t docum5tation or in=mation2 &  7,,ii7 
7aa7 9 ! case ( an individual1 a ,unit$ 

,/ates citiz5 or an ali5 lawfully       
admitt$ = p]man5t resid5ce to ! ,unit$  
,/ates2 or  7bb7 9 ! case ( an entity1  
is an entity describ$ 9 clause 7iii74   
7iii7 ,an entity describ$ 9 ?is clause  
is an entity-- 7,i7 )--  7aa7 a physical
 location 9 ! ,unit$ ,/ates2 &  7bb7 at 
lea/ #a own] or full-"t employee :o is a
 ,unit$ ,/ates citiz5 or an ali5        
lawfully admitt$ = p]man5t resid5ce to !
 ,unit$ ,/ates2  7,,ii7 t is organiz$ "u
 ! laws ( ,canada1 ,au/ralia1 or a cov]$
 c\ntry2 or  7,,iii7 t is an affiliate (
 a ,unit$ ,/ates entity t--  7aa7 has   
be5 9 cont9u\s op]ation = n less ?an #c 
ye>s2  7bb7 ma9ta9s n few] ?an #a1ejj   
full-"t employees 9 ! ,unit$ ,/ates2    
7cc7 has annual gross receipts or assets
 9 ! ,unit$ ,/ates ( n less ?an         
#a1jjj1jjj2 &  7dd7 has fil$ a          
c]tification ) ,u4,s4 ,cu/oms & ,bord]  
,protection designat+ ! affiliate z its 
ag5t = s]vice ( process & agree+ to jo9t
 & sev]al liability = all duties1 taxes1
 fees1 & p5alties ow$ by ! affiliate :5 

act+ z import] ( record4  7iv7  7,i7    
,except z provid$ 9 subclause 7,,ii71 an
 individual may n s]ve z ! import] (    
record = m ?an "o entity4  7,,ii7 ,!    
limitation "u subclause 7,i7 does n     
apply to a cu/oms brok] designat$ z an  
import] ( record by an express          
consignm5t op]ator or c>ri] "u section  
#d7;d7 ( ! ,secur+ ,acc\ntability 9     
,=eign ,entries ,act4  7v7 ,a =eign     
entity t is n describ$ 9 clause         
7ii77,,ii77bb71 & has a ,unit$ ,/ates   
subsidi>y t is describ$ 9 t clause1 is  
requir$ to h ! ,unit$ ,/ates subsidi>y  
or ano!r entity describ$ 9 t clause s]ve
 z ! import] ( record4  7vi7 ,9 ?is     
subp>agraph3  7,i7 ,! t]m affiliate1 )  
respect to an entity1 means ! entity    
controls1 is controll$ by1 or is "u     
common control ) ano!r entity4  7,,ii7  
,! t]m control1 ) respect to an entity1 
means own]%ip ( m ?an #ej p]c5t ( ! vot+
 securities or equival5t int]e/s 9 !    
entity4  7,,iii7 ,! t]m cov]$ c\ntry    
means a c\ntry ! gov]nm5t ( :i* ! ,unit$

 ,/ates ,trade ,repres5tative1 9        
consultation ) ! ,commission] ( ,u4,s4  
,cu/oms & ,bord] ,protection1 det]m9es--
 7aa7 imposes requirem5ts on p]sons s]v+
 z import]s ( record "u ! laws ( t      
c\ntry t are sub/antially equival5t to !
 requirem5ts impos$ on import]s ( record
 "u ?is subp>agraph2 &  7bb7 p]mits     
p]sons qualify+ z import]s ( record "u  
?is subp>agraph & cu/oms brok]s 7z def9$
 9 section #fda7;a77 to act z import]s (
 record 9 t c\ntry on t]ms equal to !   
t]ms applicable to import]s ( record "u 
! laws ( t c\ntry4  7,,iv7 ,! t]m       
full-"t employee1 ) respect to an       
individual1 means--  7aa7 ! writt5      
/atem5t requir$ "u section #fjea ( !    
,int]nal ,rev5ue ,code ( #aihf = !      
individual indicates t ! individual's   
employm5t /atus is full "t2 &  7bb7 !   
individual is n employ$ by m ?an "o     
entity t is an import] ( record4  7,v7  
,! t]m physical location-- 7aa7 means a 
location1 ) a /reet address1 :]e !      
import] conducts sub/antive bus9ess     

op]ations1 includ+ ma9ta9+ ! pres5ce (  
employees2 &  7bb7 does n include--     
7,,aa7 a %>$ (fice space1 unless !      
import] p]man5tly occupies ! (fice2     
7,,bb7 an address associat$ ) a regi/]$ 
ag5t1 o!r ag5t1 cu/oms brok]1 or freight
 =w>d]1 or mailbox s]vices2 or 7,,cc7 an
 address t exi/s solely = ! purpose (   
collect+ mail or e/abli%+ a virtual     
bus9ess address4  4  7b7 ,regulations ,n
 lat] ?an #cfj days aft] ! date ( !     
enactm5t ( ?is ,act1 ! ,commission] (   
,u4,s4 ,cu/oms & ,bord] ,protection1 9  
consultation ) ! heads ( relevant ,f$]al
 ag5cies1 %all prescribe regulations    
specify+-- 7#a7 measures & processes =  
v]ify+ t import]s ( record meet !       
requirem5ts ( clause 7ii7 ( section     
#dhd7;a77#b77;,b7 ( ! ,t>iff ,act (     
#aicj1 z add$ by subsection 7a72  7#b7  
h[ ,u4,s4 ,cu/oms & ,bord] ,protection w
 v]ify t import]s ( record meet ^?      
requirem5ts us+ inve/igative tools (    
,u4,s4 ,cu/oms & ,bord] ,protection &   
)\t rely+ on cu/oms brok]s or sureties2 

&  7#c7 p5alties = omissions or false   
/atem5ts ) respect to meet+ ^?          
requirem5ts4  7c7 ,applicability ,!     
am5dm5ts made by subsection 7a7 apply ) 
respect to import]s ( record on & aft] !
 date t is "o ye> aft] ! date ( !       
enactm5t ( ?is ,act4  #c4               
,responsibility ( import] ( record =    
paym5t ( duties  7a7 ,9 g5]al ,section  
#dhd7;a77#a7 ( ! ,t>iff ,act ( #aicj    
7#ai ,u4,s4,c4 #adhd7;a77#a77 is am5d$--
  7#a7 9 subp>agraph 7,b71 by r$esignat+
 clauses 7i71 7ii71 & 7iii7 z subclauses
 7,i71 7,,ii71 & 7,,iii71 respectively1 
& by mov+ su* subclauses1 z s           
r$esignat$1 #b ems to ! "r2  7#b7 by    
r$esignat+ subp>agraphs 7,a7 & 7,b7 z   
clauses 7i7 & 7ii71 respectively1 & by  
mov+ su* clauses1 z s r$esignat$1 #b ems
 to ! "r2  7#c7 by /rik+ p>agraph       
7#b77;,b71 ei!r & ins]t+ ! foll[+3      
8p>agraph 7#b77;,b7--  7,a7 ei!r  2     
7#d7 9 subp>agraph 7,a71 z designat$ by 
p>agraph 7#c7-- 7,a7 9 clause 7i71 z    
r$esignat$ by p>agraph 7#b71 by /rik+ ! 

semicolon & ins]t+ 2 &2 &  7,b7 9 clause
 7ii77,,iii71 z s r$esignat$1 by /rik+ !
 p]iod at ! end & ins]t+ 2 &2 &  7#e7 by
 add+ at ! end ! foll[+3  7,b7 %all1 9  
accordance ) p>agraphs 7#c7 & 7#d71 pay 
directly to ,u4,s4 ,cu/oms & ,bord]     
,protection all duties1 taxes1 & fees   
assess$ ) respect to ! entry ( !        
m]*&ise4  4  7b7 ,requirem5ts = paym5t  
,section #dhd7;a7 ( ! ,t>iff ,act (     
#aicj 7#ai ,u4,s4,c4 #adhd7;a77 is am5d$
 by add+ at ! end ! foll[+3  7#c7 ,an   
import] ( record %all pay duties1 taxes1
 & fees assess$ ) respect to ! entry (  
m]*&ise-- 7,a7 9 ! =m ( an electronic   
transf] ( funds f a depository          
in/itution 7z def9$ 9 section #c ( !    
,f$]al ,deposit ,insurance ,act 7#ab    
,u4,s4,c4 #ahac77 *>t]$ or au?oriz$ to d
 bus9ess 9 ! ,unit$ ,/ates2 &  7,b7 f a 
deposit acc\nt t-- 7i7 is held--  7,i7  
if ! import] ( record is an individual1 
9 ! legal "n ( ! import] ( record2 or   
7,,ii7 if ! import] ( record is an      
entity1 9 ! legal "n (--  7aa7 ! import]

 ( record2 or  7bb7 an entity organiz$  
"u ! laws ( ! ,unit$ ,/ates or a        
jurisdiction )9 ! ,unit$ ,/ates t ,u4,s4
 ,cu/oms & ,bord] ,protection v]ifies1  
pursuant to regulations prescrib$ by !  
,commission] ( ,u4,s4 ,cu/oms & ,bord]  
,protection1 is :olly or majority-own$  
by ! import] ( record2 &  7ii7 has be5  
v]ifi$ by ! depository in/itution "u an 
anti-money-laund]+ cu/om] id5tification 
program consi/5t ) section #ajbj4bbj (  
title #ca1 ,code ( ,f$]al ,regulations  
7or a successor regulation71 &          
applicable rules ( ! ,f9ancial ,crimes  
,en=cem5t ,network4  7#d7 ,an import] ( 
record %all provide to ,u4,s4 ,cu/oms & 
,bord] ,protection1 be=e ! fir/ entry ( 
m]*&ise = :i* ! import] ( record pays   
duties1 taxes1 & fees f an acc\nt--     
7,a7 ! acc\nt numb] & r\t+ numb] = !    
acc\nt2  7,b7 ! "n ( ! depository       
in/itution :]e ! acc\nt is held2 &  7,c7
 an atte/ation f ! depository in/itution
 c]tify+ t-- 7i7 ! acc\nt is held 9 !   
legal "n ( ! import] ( record or an     

entity describ$ 9 p>agraph              
7#c77;,b77i77,,ii77bb72 &  7ii7 !       
depository in/itution has v]ifi$ !      
id5tity ( ! acc\nt hold] "u a cu/om]    
id5tification program describ$ 9        
p>agraph 7#c77;,b77ii74  7#e7 ,a        
depository in/itution t holds an acc\nt 
f :i* an import] ( record int5ds to pay 
duties1 taxes1 & fees ) respect to an   
entry ( m]*&ise %all1 ^u ! reque/ ( !   
,commission] ( ,u4,s4 ,cu/oms & ,bord]  
,protection1 provide to ! ,commission] a
 confirmation t ! depository in/itution 
has v]ifi$ ! id5tity ( ! acc\nt hold] "u
 a cu/om] id5tification program describ$
 9 p>agraph 7#c77;,b77ii74  7#f7 ,u4,s4 
,cu/oms & ,bord] ,protection may n      
accept paym5t ( duties1 taxes1 & fees   
assess$ ) respect to an entry (         
m]*&ise-- 7,a7 f any p]son o!r ?an !    
import] ( record1 a surety ( ! import] (
 record1 or a cu/oms brok] 7z def9$ 9   
section #fda7;a772  7,b7 9 any =m o!r   
?an t requir$ by p>agraph 7#c77;,a72 or 
7,c7 f an acc\nt t does n meet !        

requirem5ts "u p>agraph 7#c77;,b74  4   
7c7 ,applicability ,! am5dm5ts made by  
subsection 7a7 apply ) respect to       
articles ent]$ on & aft] ! date t is "o 
ye> aft] ! date ( ! enactm5t ( ?is ,act4
  #d4 ,increase 9 bond+ requirem5t =    
import]s ( record  7a7 ,9 g5]al ,except 
z provid$ by subsections 7c7 & 7d71 !   
,commission] ( ,u4,s4 ,cu/oms & ,bord]  
,protection %all require ea* import] (  
record t elects to use a cont9u\s import
 bond "u section #aac4fb ( title #ai1   
,code ( ,f$]al ,regulations--  7#a7 to  
ma9ta91 9 ! "n ( ! import]1 a cont9u\s  
import bond ( n less ?an #ajj1jjj2 &    
7#b7 to use t bond = purposes ( entry ( 
m]*&ise by ! import]4  7b7              
,implem5tation ,! doll> am\nt requir$ "u
 subsection 7a77#a7 = a bond %all apply 
) respect to-- 7#a7 ea* new cont9u\s    
import bond issu$ on or aft] ! date t is
 #fj days aft] ! date ( ! enactm5t ( ?is
 ,act2  7#b7 ea* cont9u\s import bond   
r5ew$ on or aft] ! date t is #cfj days  
aft] ! date ( ! enactm5t ( ?is ,act2 &  

7#c7 any import] ( record t holds1 on or
 aft] ! date t is #fj days aft] ! date (
 ! enactm5t ( ?is ,act1 a cont9u\s      
import bond 9 an am\nt ! ,commission]   
det]m9es is insuffici5t to adequately   
protect ! rev5ue & ensure compliance )  
applicable law & regulations4  7c7 ,role
 ( cu/oms brok]s ,"u ! regulations      
prescrib$ "u subsection 7a71 a cu/oms   
brok] may prep>e & file entry           
docum5tation1 b may n use a bond held by
 ! cu/oms brok] = purposes ( entry (    
m]*&ise unless ! cu/oms brok] is act+ z 
! import] ( record4  7d7 ,treatm5t (    
express consignm5t op]ators & c>ri]s    
7#a7 ,9 g5]al ,not)/&+ any o!r provision
 ( ?is section1 an express consignm5t   
op]ator or c>ri] t meets ! requirem5ts (
 p>agraph 7#b7 may--  7,a7 designate a  
cu/oms brok] lic5s$ "u section #fda ( ! 
,t>iff ,act ( #aicj 7#ai ,u4,s4,c4      
#afda7 to s]ve z ! import] ( record )   
respect to m]*&ise2 &  7,b7 use !       
brok]'s bond = purposes ( entry ( t     
m]*&ise4  7#b7 ,requirem5ts ,an express 

consignm5t op]ator or c>ri] meets !     
requirem5ts ( ?is p>agraph if ! op]ator 
or c>ri]-- 7,a7 is organiz$ "u ! laws ( 
! ,unit$ ,/ates2  7,b7 ma9ta9s a        
significant physical op]at+ pres5ce 9 ! 
,unit$ ,/ates1 includ+ sub/antial       
infra/ructure = c>go h&l+1 sort+1 &     
cu/oms cle>ance op]ations2  7,c7 employs
 n few] ?an #cjj1jjj p]sons 9 ! ,unit$  
,/ates2 &  7,d7 designates "u p>agraph  
7#a7 only cu/oms brok]s t are :olly own$
 by ! op]ator or c>ri]4  7#c7           
,regulations ,! ,commission] ( ,u4,s4   
,cu/oms & ,bord] ,protection may        
prescribe regulations to implem5t ?is   
subsection1 includ+ regulations         
specify+--  7,a7 proc$ures = express    
consignm5t op]ators or c>ri]s to        
demon/rate compliance ) ! requirem5ts ( 
p>agraph 7#b72  7,b7 ! =m & mann] 9 :i* 
an express consignm5t op]ator or c>ri]  
is requir$ to designate a cu/oms brok]  
"u p>agraph 7#a72 &  7,c7 su* o!r       
measures z ! ,commission] det]m9es      
necess>y to ensure acc\ntability &      

prev5t abuse ( ! au?ority provid$ "u ?is
 subsection4  7#d7 ,express consignm5t  
op]ator or c>ri] def9$ ,! t]m express   
consignm5t op]ator or c>ri] has ! mean+ 
giv5 t t]m 9 section #abh4a ( title #ai1
 ,code ( ,f$]al ,regulations4